How To Become A Chartered Accountant In Australia – To become a certified accountant in Australia, you will need some formal qualifications, skills and training, to ensure you can work and grow your career in this field.
According to Accountants Daily, ‘Pre-COVID, CPA Australia identified a sustained, long-term increase in demand for accounting professionals,’ said Dr Rennie, general manager of external affairs at CPA Australia. ‘During 2020, accountants have played a critical, frontline role in managing the economic impact of the coronavirus and this role is set to continue.’
How To Become A Chartered Accountant In Australia
Most recently, in June 2021, accounting was one of 22 occupations added to the Priority Migration Skilled Occupation List (PMSOL), which aims to fill critical skills shortages identified in Australia.
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So, if you are interested in how to become an accountant in Australia, here are the five main steps and tips on how best to navigate them:
Before starting your educational journey, it’s a good idea to research the different types of accounting specializations you can pursue with the qualification and key skills that will help you be successful in this industry.
Although many people think that accountants sit behind computers doing the same calculations over and over again, accounting actually offers great variety every day, especially with the technological development of recent years. It’s worth looking beyond the stereotype and really understanding the scope of an accounting career.
You want to know that it’s a good fit, that it aligns with your character traits and your future goals, before you invest in this path.
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An important next step is to do your research and choose an educational institution that best suits your needs.
To qualify for admission to any of the three professional bodies that recognize and regulate the accounting industry in Australia, you need a bachelor’s degree in accounting.
Within this industry, you will need a certain level of accounting qualifications before employers will consider you for a position. The good news is, if you don’t meet the academic or English language entry requirements for a bachelor’s degree, there is another pathway available to you.
A university pathway is a program you can take before enrolling at university. It is designed to give your qualifications a boost and to bridge the gap between your qualifications in your home country and those in Australia.
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The University of Adelaide offers a one-year Foundation Studies Program, available at our Adelaide and Melbourne campuses. This program will allow you to move straight into the first year of your chosen degree at the University of Adelaide.
Alternatively, if you miss out on direct entry to the course you want, you can study our Degree Transfer program at any campus. This compromises a bridging semester followed by first-year courses from the University of Adelaide degree program. Upon successful completion, you are guaranteed entry directly into the second year of your chosen degree.
This is a great first step to studying in Australia. You will study university-related subjects with high-quality course content, have the opportunity to improve your English and immerse yourself in your new Australian cultural life.
To support you with this, you will receive lots of individual attention within a small class environment, with a variety of additional student support services available. This will help to ensure that you start your degree confident and prepared.
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At the University of Adelaide, a Bachelor of Commerce (with a major in Accounting) will prepare you for a career as an accountant in Australia. This degree is available at both the Adelaide and Melbourne campuses.
The Bachelor of Commerce degree will provide you with the foundational knowledge, tools and insight to become a strategic and innovative business leader, while delivering professional accounting accreditation.
You also know that you are in safe hands. The University of Adelaide is ranked in the top 100 in the world by the QS World University Rankings by Subject 2020 for 15 academic subjects including Accounting and Finance.
After successfully completing your degree, you can apply to become a member of a recognized accounting institution such as Chartered Accountants Australia and New Zealand (CA ANZ). You can also register to enroll in a CPA (Certified Practicing Accountants) program.
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If you want to become an accountant in an international organization, you will need to become a Chartered Accountant or Certified Practicing Accountant.
You can work in an accounting role with just a bachelor’s degree, but without a CA or CPA qualification this role will remain junior.
A Certified Practicing Accountant (CPA) is a financial, accounting and business professional with specific qualifications. Becoming a CPA is a mark of high professional competence. This indicates competence in the depth, breadth and quality of accountancy knowledge.’ – CPA Australia
It also opens the door to extensive networking opportunities, training, professional development and career resources that you can benefit from to launch and grow your career.
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The path to becoming a Chartered Accountant (CA) through CA ANZ’s CA Program is a rewarding path that combines the rigors of education with the application of learned skills in the workplace. Here are the steps you need to take to become a CA.
For admission to the CA Program, you must ensure that you know, and can meet, the following criteria:
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Before you can enroll in the CA Program or individual subjects, you must apply for Provisional Membership. You can do this by providing your official academic documentation and by completing a provisional membership Application*.
(i) a qualification assessed to be at least comparable to an Australian or New Zealandbachelordegree; and
If the application is successful, provisional members are required to pay an annual membership subscription fee. Processing times are approximately 20 business days.
Once your provisional membership application has been received, you will be eligible to enroll in your first CA Program subject to begin your course study and register to do your Mentored Practical Experience.
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Read about the approved employment criteria required to complete the three-year Mentored Practical Experience portion of the Program. Your practical experience can be completed before, during or after the CA Programme’s GradDipCA course subjects.
Once you have successfully completed all the required subjects within the CA Program GradDipCA and three years of Mentored Practical Experience, you can apply for full CA ANZ membership. Processing times are approximately 20 business days, except during peak periods when longer processing times may occur.
Where CA Membership can take you Read about the benefits of becoming a qualified Chartered Accountant. Find out more About Where CA Membership Can Take You
Course descriptions Membership of Chartered Accountants Australia and New Zealand can open international business and finance opportunities Read more about CM02 Content Tile
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Timetables and Fees Find out when your course is scheduled and how much it will cost Read more about the CM02 Content Tile
Where a CA can take you Discover the rewards and challenges on the path to becoming a CA Read more about CM02 Content TileChartered Accountants are highly regarded for their versatile skill set and creative lateral thinking, so all top 100 Global Brands employs Chartered Accountants *
Chartered Accountants are great business leaders who strive to make a difference. They are equipped with technical and soft skills, exceptional commercial acumen, professional skepticism and critical thinking, as well as a passion for lifelong learning and monitoring.
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